Targa Resources
TRGP
512 hedge funds and large institutions have $15.3B invested in Targa Resources in 2022 Q1 according to their latest regulatory filings, with 100 funds opening new positions, 149 increasing their positions, 175 reducing their positions, and 58 closing their positions.
265% more call options, than puts
Call options by funds: $54.2M | Put options by funds: $14.8M
72% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 58
47% more capital invested
Capital invested by funds: $10.4B → $15.3B (+$4.86B)
38% more funds holding in top 10
Funds holding in top 10: 16 → 22 (+6)
8% more funds holding
Funds holding: 475 → 512 (+37)
1.53% more ownership
Funds ownership: 86.94% → 88.48% (+1.5%)
15% less repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 175
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$193M |
| 2 |
State Street
Boston,
Massachusetts
|
+$62.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$53.5M |
| 4 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$49.3M |
| 5 |
Morgan Stanley
New York
|
+$47.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$175M |
| 2 |
Neuberger Berman Group
New York
|
-$42.4M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$36.1M |
| 4 |
Citigroup
New York
|
-$30.1M |
| 5 |
RA
RR Advisors
Dallas,
Texas
|
-$27.9M |
TRGP Hedge Fund Activity: Q1 2022 in Review
512 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Targa Resources (TRGP) for Q1 2022, worth a combined $15.3B — up 47% from $10.4B a quarter earlier.
Buyers outnumbered sellers: 100 funds opened new TRGP positions and 58 closed out — a net gain of 42 holders — while 149 added to existing stakes and 175 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $193M. The largest seller was Deutsche Bank, cutting an estimated $175M.
- 512 institutional investors held Targa Resources (TRGP) as of Q1 2022, up from 475 in Q4 2021.
- Funds reported $15.3B of Targa Resources stock for Q1 2022, up 47% quarter-over-quarter.
- 100 funds opened new Targa Resources positions in Q1 2022 and 58 closed out, a net change of +42 holders.
- The largest Targa Resources buyer in Q1 2022 was Wellington Management Group, an estimated $193M added.
- The largest Targa Resources seller in Q1 2022 was Deutsche Bank, an estimated $175M sold.
Based on aggregated 13F filings for Q1 2022.